|2/2013 - 8|
Inter ISO Market Coordination by Calculating Border Locational Marginal PricesBABIC, A. B. , SARIC, A. T.
|Click to see author's profile on SCOPUS, IEEE Xplore, Web of Science|
|Download PDF (733 KB) | Citation | Downloads: 280 | Views: 1,858|
Inter ISO Market Coordination, Border Locational Marginal Price (LMP), Optimal Power Flow (OPF)
power(18), systems(8), optimal(6), market(5), flow(5), congestion(5), link(4)
Blue keywords are present in both the references section and the paper title.
About this article
Date of Publication: 2013-05-31
Volume 13, Issue 2, Year 2013, On page(s): 47 - 54
ISSN: 1582-7445, e-ISSN: 1844-7600
Digital Object Identifier: 10.4316/AECE.2013.02008
Web of Science Accession Number: 000322179400008
SCOPUS ID: 84878919184
In this paper the methodology for solving Locational Marginal Price (LMP) differences (inconsistency of LMPs) that arise at the boundary buses between separate power markets is proposed. The algorithm developed enables us to obtain consistent LMP values at the boundary buses between interconnected ISOs. A Primal-Dual Interior Point based optimal power flow (OPF) is applied, with complete set of power system physical limit constraints, to solve a regional spot market. The OPF is implemented such that producer and consumer behaviors are modeled simultaneously, while the welfare is maximized. In this paper a generalized methodology for multiple ISOs case is proposed and later it is practically applied on two interconnected independent entities. The algorithm for approximation of cost coefficients of generators and dispatchable loads for neighboring ISOs is proposed. The developed algorithm enables participating ISOs to obtain LMPs at the boundary buses with other interconnected ISOs. By controlling interchange of electric power at the scheduled level, regional spot markets are resolved eliminating possible exercise of market power by individual interconnected ISOs. Results of proposed methodology are tested on the IEEE 118-bus power system.
|References|||||Cited By «-- Click to see who has cited this paper|
| N. S. Rau, "Issues in the Path Toward an RTO and Standard Markets", IEEE Trans. Power Systems, vol. 18, no. 2, pp. 435-443, May 2003. |
[CrossRef] [Web of Science Times Cited 12] [SCOPUS Times Cited 17]
 N. S. Rau, "Inter-Regional Market Coordination: Challenges and Solutions", IEEE Power Engineering Society General Meeting, 2005,
 M. Bailey, M. Ambrosio, C. Eaton, "Energy Market Consolidation and Convergence: Seams Issues Revisited", The Electricity Journal, vol. 14, pp. 54-65, Dec. 2001.
 M. D. Cadwalader, S. M. Harvey, W. W. Hogan, S. L. Pope, "Coordinating Congestion Relief Across Multiple Regions", Oct. 1999. [Online] Available: Temporary on-line reference link removed - see the PDF document
 B. Tersteegen, C. Schröders, S. Stein, H. J. Haubrich, "Algorithmic Challenges and Current Problems in Market Coupling Regimes", European Trans. Electrical Power, vol. 19, no. 4, pp. 532-543, May 2009.
[CrossRef] [Web of Science Times Cited 4] [SCOPUS Times Cited 4]
 B. H. Kim, R. Baldick, "A Comparison of Distributed Optimal Power Flow Algorithms", IEEE Trans. Power Systems, vol. 15, no. 2, pp. 599-604, May 2000.
[CrossRef] [Web of Science Times Cited 90] [SCOPUS Times Cited 136]
 B. H. Kim, R. Baldick, C. Chase, Y. Luo, "A Fast Distributed Implementation of Optimal Power Flow", IEEE Trans. Power Systems, vol. 14, no. 3, pp. 858-864, Aug. 1999.
[CrossRef] [Web of Science Times Cited 81] [SCOPUS Times Cited 119]
 A. J. Conejo, J. A. Aguado, "Multi-Area Coordinated Decentralized DC Optimal Power Flow", IEEE Trans. Power Systems, vol. 13, no. 4, pp. 1272-1278, Nov. 1998.
[CrossRef] [Web of Science Times Cited 89] [SCOPUS Times Cited 140]
 J. A. Aguado, V. H. Quintana, "Inter-Utilities Power-Exchange Coordination: A Market-Oriented Approach", IEEE Trans. Power Systems, vol. 16, no. 3, pp. 513-519, August 2001.
[CrossRef] [Web of Science Times Cited 34] [SCOPUS Times Cited 44]
 * * *, "Inter-Regional Interchange Scheduling (IRIS) Analysis and Options", ISO White Paper, New England and New York ISO, January 5, 2011. [Online] Available: Temporary on-line reference link removed - see the PDF document
 * * *, "Update on Northeast Seams Issues, NYISO Business Issues" Committee Meeting, May 16, 2012. [Online] Available: Temporary on-line reference link removed - see the PDF document
 K. Purchala, M. Shinkai, F. Regairaz, "Practices Related to Internal and Cross-Border Congestion Management", International Symposium CIGRE/IEEE PES, October 2005,
[CrossRef] [SCOPUS Times Cited 2]
 I.B. Bjelic, I. kokljev, "Deregulated Serbian Electricity Market Optimal Dispatch with Congestion Constraints", Serbian Journal of Electrical Engineering, vol. 8, no. 3, pp. 325-331, Nov. 2011.
 T. Kristiansen, "Cross-Border Transmission Capacity Allocation Mechanisms in South East Europe", Energy Policy, vol. 35, no. 9, pp. 4611-4622, Sep. 2007.
[CrossRef] [Web of Science Times Cited 6] [SCOPUS Times Cited 9]
 A. J. Wood, B. F. Wollenberg. "Power Generation, Operation and Control", pp. 8-28 and 514-559, 2nd ed., Wiley, 1996.
 G. L. Torres, V. H. Quintana, "An Interior-Point Method for Nonlinear Optimal Power Flow Using Voltage Rectangular Coordinates", IEEE Trans. Power Systems, vol. 13, no. 4, pp. 1211-1218, Nov. 1998.
[CrossRef] [Web of Science Times Cited 160] [SCOPUS Times Cited 214]
 F. Capitanescu, M. Glavic, D. Ernst, L. Wehenkel, "Interior-Point Based Algorithms for the Solution of Optimal Power Flow Problems", Electric Power Systems Research, vol. 77, no. 5-6, pp. 508-517, Apr. 2007.
[CrossRef] [Web of Science Times Cited 56] [SCOPUS Times Cited 75]
 B. Singh, R. Mahanty, S. P. Singh, "A Decentralized Congestion Management Using Interior Point Method", 2011 IEEE Power and Energy Society General Meeting, San Diego, CA, USA, 24-29 Jul. 2011.
[CrossRef] [SCOPUS Times Cited 1]
 J. D. Finney, H. A. Otman, W. L. Rutz, "Evaluating Transmission Congestion Constraints in System Planning", IEEE Trans. Power Systems, vol. 12, no. 3, pp. 1143-1150, August 1997.
[CrossRef] [Web of Science Times Cited 43] [SCOPUS Times Cited 74]
 * * *, Input data for 118-bus test system. [Online] Available: Temporary on-line reference link removed - see the PDF document
Web of Science® Citations for all references: 575 TCR
SCOPUS® Citations for all references: 835 TCR
Web of Science® Average Citations per reference: 27 ACR
SCOPUS® Average Citations per reference: 40 ACR
TCR = Total Citations for References / ACR = Average Citations per Reference
We introduced in 2010 - for the first time in scientific publishing, the term "References Weight", as a quantitative indication of the quality ... Read more
Citations for references updated on 2017-04-29 04:48 in 102 seconds.
Note1: Web of Science® is a registered trademark of Thomson Reuters.
Note2: SCOPUS® is a registered trademark of Elsevier B.V.
Disclaimer: All queries to the respective databases were made by using the DOI record of every reference (where available). Due to technical problems beyond our control, the information is not always accurate. Please use the CrossRef link to visit the respective publisher site.
Faculty of Electrical Engineering and Computer Science
Stefan cel Mare University of Suceava, Romania
All rights reserved: Advances in Electrical and Computer Engineering is a registered trademark of the Stefan cel Mare University of Suceava. No part of this publication may be reproduced, stored in a retrieval system, photocopied, recorded or archived, without the written permission from the Editor. When authors submit their papers for publication, they agree that the copyright for their article be transferred to the Faculty of Electrical Engineering and Computer Science, Stefan cel Mare University of Suceava, Romania, if and only if the articles are accepted for publication. The copyright covers the exclusive rights to reproduce and distribute the article, including reprints and translations.
Permission for other use: The copyright owner's consent does not extend to copying for general distribution, for promotion, for creating new works, or for resale. Specific written permission must be obtained from the Editor for such copying. Direct linking to files hosted on this website is strictly prohibited.
Disclaimer: Whilst every effort is made by the publishers and editorial board to see that no inaccurate or misleading data, opinions or statements appear in this journal, they wish to make it clear that all information and opinions formulated in the articles, as well as linguistic accuracy, are the sole responsibility of the author.